100 Best Companies to Work For 2014
To pick the 100 Best Companies to Work For, Fortune partners with the Great Place to Work Institute, claiming to “conduct the most extensive employee survey in corporate America”. In total 252,000 employees working in 257 firms were surveyed this year. Two-thirds of a company’s score is based on the results of the institute’s Trust Index survey, which is sent to a random sample of employees from each company. The survey asks questions related to their attitudes about management’s credibility, job satisfaction, and camaraderie. The other third is based on responses to the institute’s Culture Audit, which includes detailed questions about pay and benefit programs and a series of open-ended questions about hiring practices, methods of internal communication, training, recognition programs, and diversity efforts. Any company that is at least five years old and has more than 1,000 U.S. employees is eligible.
Participating in the survey means – apart from the considerable participation fee – significant time investment for companies, their HR organizations and employees who have to complete the questionnaires. This is the reason why many major companies decide not to participate, which makes the results less representative for “corporate America”. Detailed results and benchmark reports for individual companies must be purchased for additional money. The title of the ranking “100 Best Companies to Work for” is somewhat misleading – as exclusively corporations with at least 1,000 employees in the US are included. Therefore, the ranking should be renamed into “100 Best Companies to Work for in the US”. Less than 10% of the top 100 are companies not headquartered in the US, among them Allianz, Hitachi, Mercedes, Novo Nordisk and Roche Diagnostics.
Despite these flaws, the ranking is a useful tool for (HR) managers of (some) large corporations to find out how they are perceived by their employees in terms of employer attractiveness – and at the same time it gives job seekers a good overview where to apply. As the ranking has a long history, it is a good tool to gain overview on how individual companies developed over years. Fortunes respective data base can be accessed here.
To read more about the ranking and Fortune’s cover story, please click here.
– 15 points –
– 11 points –
– 13 points –
– 9 points –
– 48 (out of 60) –